LEI, MBL, Tower, BNB Best Performing Stocks on ASX Week 19 2007

Besides other fantastic performers like Fortesque and Auspine, other performing stocks for week 19 of 2007 were: on the ASX100 index there was Leighton Holdings (LEI) closing at $41.63 gaining $3.73 or 9.842 percent. Macquarie Bank (MBL) closed the week at $97.10, gaining $8.20 or 9.2 percent. Finally on the ASX 100 index there was Babcock & Brown closing at $32.09, gaining $2.69 in stock value or 9.15 percent. On the ASX200 index there was Tower (TWR) gaining some 14.815 percent or 28 cents closing the week at $2.17. The All Ordinaries index closed at 6319.7 and the ASX200 index closed at 6312.5.

Leighton Holdings Limited is listed on the Australian Stock Exchange (ASX) under stock code LEI. You can view their investor website here. LEI was listed on the ASX on 11 December, 1962. Wallace King is the CEO and David Mortimer is the Chairman for Leighton Holdings. Leighton Holdings Limited is the parent company of Australia's largest project development and contracting group. Group companies undertake activity for clients in the telecommunications, engineering and infrastructure, building and property, mining and resources, and environmental services markets. Operations span projects in Australia, SE Asia, NZ, Vietnam, China and South America.

Macquarie Bank Limited is listed on the Australian Stock Exchange (ASX) under stock code MBL. You can view their investor website here. MBL was listed on the ASX on 29 July, 1996. David Clarke is the chairman of Macquarie Bank and the managing director is Allan E Moss. The company is involved in investment Banking, Banking and Financial Services. Macquarie is a diversified international provider of financial and investment banking services, headquartered in Sydney, Australia. Macquarie Bank evolved from Hill Samuel Australia Limited, which was established in 1969 as a subsidiary of the UK merchant bank, Hill Samuel & Co. In 1985, a banking licence was acquired and operations began under the name Macquarie Bank. In 1996, Macquarie Bank’s fully paid ordinary shares were quoted on the Australian Stock Exchange. In Australia, Macquarie is a full-service investment bank providing financial market trading and advisory products and services. In the Asia-Pacific region, the Bank provides a broad range of investment banking services and in the Americas, Europe, Africa and the Middle East, it focuses on particular business areas in which its expertise delivers value to clients. Macquarie has reported successive years of record profits and growth since 1992, and now employs over 10,000 people in 24 countries.

Babcock & Brown Limited is listed on the Australian Stock Exchange (ASX) under stock code BNB. You can view their investor website here. Babcock & Brown is involved in investment banking, structured finance advisory, arrangement and management businesses, principal investment and other wholesale financial services. BNB was listed on the ASX on 6 October, 2004. Phillip Green is the Managing Director of Babcock and Brown.

Tower Limited is listed on the Australian Stock Exchange (ASX) under stock code TWR. You can view their investor website here. TWR was listed on the ASX on 28 September, 1999. Rob Flannagan is the CEO of Tower. Tower provides a comprehensive range of risk insurance and wealth management products and services to customers throughout New Zealand, Australia and the Pacific Islands. Tower commenced business in New Zealand in 1869 and currently comprises three businesses: General Insurance which provides home, contents, motor vehicle and travel insurance for the retail individual market in New Zealand and commercial insurance in the Pacific Islands. Health & Life which provides health and life insurance products for the retail individual and groups markets. Investments which operates in wholesale and retail funds management and individual and group superannuation. Remember to do a little fundamental and technical analysis; good luck with your share trading!